Do you mean Samsung Pay? They only announced APay support a few months ago.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
CVS Pharmacy Now Accepting Apple Pay in Stores
- Thread starter MacRumors
- Start date
- Sort by reaction score
You’re right. I should have already been aware of this years earlier when we were using pin codes and the US was hobbling along with manual signatures.
I have an iPhone and an Apple Watch. I've been using them to pay at CVS for quite some time. Haven't taken my card out there in a long time. Could be that it's a newer store built not long ago? Who knows.
still hobbling along. We're moving from swipe and sign to chip and sign.
I only set up Apple Pay when I moved from the US to the UK. It never even crossed my mind while I was living in the US because contactless payment wasn't widely available then. After arriving in the UK, I saw people paying with their phones everywhere I went. So I set up Apple Pay, still thinking that I probably wouldn't get much use out of it. I was totally wrong.
After a week, I realized how much more convenient contactless payment is and quickly became addicted. I used it every single day while I was living in the UK. I loved being able to go for a run with only my phone and stop by Tesco on my way home to pick up a few things without a problem.
Once I moved back to the US, it was a huge adjustment to go back to using my actual cards again, especially with the whole swipe vs. chip issue. Cashiers were either confused or annoyed when I tried to pay with my phone. I'm so glad Apple Pay is becoming more widely available in the US now. Can't wait for the day when I can also store my license and other important cards on my phone without a bulky card carrying case.
After a week, I realized how much more convenient contactless payment is and quickly became addicted. I used it every single day while I was living in the UK. I loved being able to go for a run with only my phone and stop by Tesco on my way home to pick up a few things without a problem.
Once I moved back to the US, it was a huge adjustment to go back to using my actual cards again, especially with the whole swipe vs. chip issue. Cashiers were either confused or annoyed when I tried to pay with my phone. I'm so glad Apple Pay is becoming more widely available in the US now. Can't wait for the day when I can also store my license and other important cards on my phone without a bulky card carrying case.
Target is pushing their own credit/debit cards because the processing fees are essentially 0... saving them a huge amount of money a year. Then entice people to sign up for them by giving them discounts (which are ultimately less than the processing fees they would pay for normal credit cards... especially "rewards" cards).
From what I could gather there is some background to this.
First why did EU adopt chip and pin?
From a query on the net:
"It wasn’t until the 1980s that credit cards became a mass market business and consumer oriented. Before that time, they had a limited audience and were used primarily by very wealthy people or frequent business travelers. Transactions were processed offline by hand using carbon copies—dumpster diving for account numbers on the carbon was the big type of fraud at that time.
A divide in the global market occurred when the United States began to authorize transactions in real time over a phone line. The cost of the authorization in the United States was inexpensive at approximately three cents a call. In Europe, it was much higher at 35-40 cents a call and this was not a feasible model. This is when Europe and the United States took different paths and there became two different approaches to card authorization."
The History of Credit Cards and How EMV Will Change Things
The real time authorization is the key.
While the UK and the rest of Europe were in the dark ages of processing these transactions as EOD batch processing, The US was already addressing fraud by doing real time authorizations, back in the 70s.
It took 20 years for the first EMV spec in 1994 (1998 when it became stable) for UK and Europe to see the light and catch up the US in real time transaction processing and to address fraud at POS.
"About NACHA – The Electronic Payments Association
Since 1974, NACHA – The Electronic Payments Association has served as trustee
of the ACH Network, managing the development, administration and rules for the
payment network that universally connects all 12,000 financial institutions in the U.S."
Now why is the US slow some may wonder (and some may not care).
"NOW FOR THE BUT
OK, you say, so all we need to do now is hustle up and get contactless POS terminals out there in massive force.
If it were only that easy.
In the U.S., there simply aren’t the same dynamics in play.
Two million contactless terminals today sounds like a great start — until you do the math. There are something like 13 million POS terminals across a massive geography that is the United States, not including mPOS devices.
The U.S. is also a market in which there are 1.2 billion payments cards in circulation, more than 47 billion debit card transactions, more than 26 billion credit card transactions and 209 million adults over the age of 18.
Oh, and something like 14k financial institutions that issue those cards and countless merchant acquirers and ISOs all hawking merchants to deploy new terminals.
It’s a whole lot harder to wrangle this ecosystem to the ground given the diversity of merchants and the engrained plastic card habits honed by consumers over the last 50 or so years.
UK’s Lessons For US Mobile Payments Adoption
Secondly
Why is the US so behind?
"We have always had really good, strong fraud systems in place in the United States," MasterCard product expert Carolyn Balfany tells Business Insider. "Other parts of the world were not so lucky. They had lesser robust security systems, so they had more immediate need for chip cards and the security that they brought."
The US has always had "real time transactions," meaning merchants immediately send off the credit card information to the issuer for verification.
In other parts of the world there was a lag between when the merchant would send the card information. After swiping your card, your information would be stored with the merchant throughout the day, and wouldn't be sent to your bank for approval until later that day, meaning fraudsters had more time to commit fraud.
Why it took the US so long to adopt the credit card technology Europe has used for years[/URL
Who said it was big news?
In any regard, why it's news at all:
- CVS is a US company.
- This website is located in the US.
- Apple Pay is from a US company.
Geography lesson.
The US is not in the EU, its separated by a pretty big body of water, therefore that correlation is irrelevant.
Wow.
Settle down.
I’ve used my Apple Pay in Canada anywhere there’s an NFC reader,even before Apple Pay was released up North.
No big pond in my way.
This wasn't addressed to you so maybe you should take a chill pill.
And Canada is no comparison to the US, California alone has a greater population.
Settle down indeed. There’s no reason the country that invented the credit card shouldn’t have the best credit card system out there. Visa and MC Are US companies but giving the better tech to Europe!
There is nothing to settle.
The guy asked a question, an answer was given.
If you don't like the answer so be it.
Comparison to the EU, Canada are pointless, the US is not those regions, and has different obstacles to overcome, some of them user stubbornness if you are to believe the links in post 109.
In regard to no reason, there is always a reason why something has or hasn't happened.
You may not like the reason, the reason may suck, but in this case there is a reason why chip and pin is slow to adopt in the US.
Coincidentally there is a quote from Master Card in the link in Post 109.
So you don’t think we as a country should be able to be privy to Apple Pay, an American invention, in America.
Why would you even ask that question?
What in my posts would lead you to that?
You took his statement of “how is this news?” as a serious question?
Even though there was a question mark after I do believe it was more of a scratching of his head in disbelief that any NFC in the great ol’ US of A doesn’t except Apple Pay.
No need to jump on the guy about how the EU is not the US and challenge his intelligence.
Its the internet.
If you post something, one should be prepared for a response.
The part in red is where you counter point fails.
What you believe is irrelevant.
He asked a question, he got an answer, and in further review, just like post 18 and 21.
That's pretty cool... I'm surprised that despite how long that list is, I can name a few chains missing entirely from the page. Applebees. Sonic. Shake Shack. Tesla. Red Lobster. Dang there's a lot of big chains in the world - I'm a bit surprised to realize that list is so full of chains I heard of, and yet there's several that I know of that aren't on that page.
I just used one of those apps that let you create a walker based card from non-native cards, like CVS. Have had it in my wallet for at least 2-3 years. Geofencing works too!
You are correct.
But I wish stores could just be stores. You know... we give them money and they give us goods. The way commerce has worked for centuries.
If they want my data... then they should sweeten the deal. They shouldn't take my money and my data.
Give me a free jug of milk... then maybe you can track how many gallons I buy every week!
It should say “again accepting” Apple Pay in stores. It was accepted briefly after Apple Pay started before CVS disabled all NFC payments (thank you MCX).